Similar Posts
US imposes tariffs on dozens of trade partners over forced labour imports
The US has imposed new tariffs on 60 trading partners, accounting for the vast majority of its imports, over claims they failed to properly stop forced labour. The duties, ranging from 10% to 12.5%, target key economic partners – including the UK, China, the European Union, Canada, Japan and India. They came into effect on…
Samsung profits jump 1,800% as AI chip sales soar
South Korean technology giant Samsung Electronics says it expects to post a 19-fold jump in its profits, driven by global demand for artificial intelligence (AI) memory chips. The company forecast that it made 89.4tn won (£43.6bn; $58.4bn) between the start of April and the end of June, marking its third record quarterly operating profits in…
